Housing costs in Montgomery?
A typical home costs
$86,800, which is 74.3% less expensive than the national average of
$338,100 and 53.0% less expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Montgomery costs
$740 per month, which is 48.3% cheaper than the national average of
$1,430 and 35.1% cheaper than the state average of
$1,000.
Can I afford Montgomery?
To live comfortably in Montgomery, Louisiana, a minimum annual income of
$16,560 for a family, and
$22,400 for a single person is recommended.
What does A.I. say about Montgomery?
The cost of living in Montgomery, LA is relatively low compared to most states in the US. It has an affordable housing market with a median home price of just over $100,000. According to Sperling's Best Places, the overall cost of living index for Montgomery is 85.7, which is 15.3 points below the national average. This means that groceries, goods and services are generally cheaper than they would be elsewhere in America. Along with the affordability comes a great quality of life, with plenty of outdoor activities and recreational opportunities that make this city an ideal place to live.